Stock Market & Financial Investment News

Pearson says Financial Times not for sale, Reuters reportsJohn Fallon, the new CEO of British education and media group Pearson (PSO), said the Financial Times is not for sale, denying repeated media speculation about the newspaper's, reports Reuters. Reference Link

Pearson sees 2015 adjusted EPS 75p-80pThe company said, "In 2014, we completed the major restructuring and product investment programme, initiated in 2013, designed to accelerate Pearsonís shift towards significant growth opportunities in digital, services and fast-growing economies. We believe this will provide Pearson with a significantly larger market opportunity, a sharper focus on the fastest-growing markets and stronger financial returns. In 2015, we are returning to more normal levels of restructuring expenditure. Based on 21 January 2015 exchange rates, we expect to report adjusted earnings per share of between 75p and 80p in 2015."